Question
An economy where allocation of resources is determined
by the operation of price mechanism is termed as:ÂSolution
The correct answer is C
Anuj purchases two articles P and Q at the same price. Later, Anuj sells both articles P and Q to Raju at the same price of Rs 35...
An item is marked up by 60% over its cost price and sold with two successive discounts of 15% and 10%. What is the shopkeeper’s profit or loss percent...
- A furniture set was purchased for Rs. 850 and fixed with an additional Rs. 450. It was then tagged 40% above the cost but later sold at a 15% loss. What is...
An item is sold at a profit of 35% when the profit is calculated on the selling price. What will the profit percentage be if calc...
A shopkeeper marks an item 50% above its cost price. He gives a discount of 20% on the marked price and then charges 10% GST on the discounted price. If...
The selling price of the book is 25% more than the selling price of the bag and the selling price of the bottle is 30% less than the selling price of th...
A shopkeeper bought 'x - 44' kg of sugar at Rs. 60 per kg and 44 kg of sugar at Rs. 'x' per kg and mixed them. He sold the mixture at Rs. 92.3 per kg an...
- A mobile phone was sold for Rs. 22,500 at a loss of 10%. If the same phone had been sold for Rs. 27,000, what would be the profit percentage?
- Manoj bought a laptop and sold it to Raj at 25% profit. Raj then sold it to Simran making a 12% profit. If Simran paid Rs. 700, what was Manoj’s purchase...
- A device was bought for Rs. 700 and repaired with Rs. 300. The seller then increased its price by 30% over the cost and sold it at a 10% loss. What was the...
